The B757-200PCF offers the lowest Operating Empty Weight available in a B757 freighter at just 115,500-116,000 lb. The addition of Haite will give EFW its fourth production lines for the narrowbody freighter. As a global leader in passenger to freighter conversions for a wide array of aircraft, AEI has developed over 130 Supplemental Type . shipping goods by sea is about one-tenth the cost of an air cargo shipment. Having examination sessions at the end of the training courses and training certificates delivered in sequence was another benefit. Israel Aerospace Industries is to set up a European facility in Naples to convert passenger aircraft into freighters. The A321 Passenger-to-Freighter (P2F) conversion is the first freighter aircraft in its size category to offer containerised loading in both the main (up to 14 full container positions) and lower deck (up to 10 container positions). P2F related spares supply and unplanned repairs will be handled by EFW. Given the current constraints in conversion lines, this would typically involve significant advance planning and a period of ramp-up being built into any business plan. How much does a D-check cost compared to a new aircraft? Of course, whether Boeing continues to offer the -300F is not guaranteed. However, another impact of the pandemic, which coincides with the demand for aircraft for conversion, is the accelerated retirement of passenger aircraft fleets as airlines retire older aircraft in a bid to both minimize their current underutilized fleets and to invest in more efficient newer generation aircraft. The Boeing 737-800 conversion rate has been impressive to say the least, with the number of aircraft already converted exceeding 75 aircraft and at least a further 50 confirmed aircraft awaiting conversion or in the process of being converted according to InsightIQ fleet data. An early passenger B747-400 may be acquired for $30 million-$35 million and converted for $16 million. Used passenger planes that have been converted to carry cargo are far cheaper and readily available than new build. Ethan has advised banks, lessors, airlines and other investors on some of the largest and most ground-breaking aviation transactions in the APAC region over the past decade. This will bring the global conversion . Jordan's line about intimate parties in The Great Gatsby? Quite a number of cargo airlines choose to operate a first-hand quality converted freighter. . Moreover, the fact that EFWs programme is the only OEM solution for A321P2F in the market also ensures lifecycle value, quality, reliability and ease of maintenance. To support it in fulfilling this demand, it has today announced a new partnership with a Costa Rica-based maintenance, repair and overhaul (MRO) provider to create additional conversion capacity for the 737-800 Boeing Converted Freighter. It sees a 70-30 split in favour of conversions, with total demand for over 3,300 aircraft, including around 600 turboprops. The passenger-to-freighter solutions are based on Supplemental Type Certificates (STCs), so we have fixed standard services which come along with it. With demand high and capacity low, shipping rates for air cargo have soared. Cash receipts from government payroll support programs, which are included in operating cash flows, were $0 and $83.0 million for the years ended December 31, 2022 and 2021, respectively. More in this A330-300/-200 P2F brochure (PDF). EFW's first ever A321P2F conversion, that flew in 2020. window.googletag = window.googletag || {cmd: []}; Whereas the A330P2F uses a 9g net in the forward fuselage, the A321P2F is equipped with a Rigid Cargo Barrier (RCB) which incorporates a sliding door to allow access to the main deck cargo compartment. To learn more, see our tips on writing great answers. Cargo conversion for their own cargo unit might speed up LH getting rid of their 747-8i fleet 10-15 years from now. "Conversely, passenger aircraft utilisation fell from over 2.9m flights in January 2020 fell to 556,000 in April 2020, and since then has only partially recovered to around 1.5m flights in January 2021." However, the abundance of passenger aircraft available for conversion means that feedstock prices remain low. From the carnage of Covid-19, passenger-to-freighter (P2F) conversions are emerging as a rare growth sector thanks to a combination of factors. Figures released in early 2021 by consultancy IBA show the stark contrast between passenger and freighter aircraft operations. By clicking Accept all cookies, you agree Stack Exchange can store cookies on your device and disclose information in accordance with our Cookie Policy. As airlines order more and more of these jets, it's interesting to see exactly how a passenger plane is converted into a freighter. Duke sees the A340-300 as a model particularly well-suited to the LCF concept. The A321 has more volumetric capacity with containers in the lower hold as the 757 and burns 12% less fuel, making it a better for operating costs. Elbe Flugzeugwerke continues to increase its capabilities. googletag.cmd.push(function() { That is why we request all relevant documentation and data access from our customers well in advance to each slot-in. Based on the current market, analysts expect a growing demand for passenger to freighter conversion (P2F). 2,430 aircraft will be delivered, around 50% of which will replace current inventory. T.C. Based on this source, an A330-300's heavy (D) check costs 3.8 million USD (adjusted for inflation from 2010 to 2018), and given the quoted conversion for the A333, it's ~4 times as much to do the conversion. How much does a Black Box Underwater Locator Beacon (ULB) cost? - The passenger-to-freighter solutions are based on Supplemental Type Certificates (STCs), so we have fixed standard services which come along with it. In order to avoid additional cost, the airframes sourced by the customers should ideally be the upper Type-Certified Weight Variants (WV) and be equipped with the most recent avionics hardware and software. 2018's average is 78 million USD per conversion. }); Leasing companies and airlines dont appear concerned about oversaturating the air cargo market with freighters as they continue to place production orders despite a yearlong downturn in air cargo volumes and rates. While the P2F process itself does not require any WV change, WV upgrades/downgrades can be performed on customers request if a particular feedstock airframe has that WV option. To subscribe to this RSS feed, copy and paste this URL into your RSS reader. #TIL: manutention. Source: Freighter Conversion Market Totaled Nearly \$1B in 2018: IBA, ainonline.com 2018's average is 7-8 million USD per conversion. Low demand for the 4-engine aircraft and its relatively high operating costs, combined with limited routes enabling airlines to maximize the A380s passenger carrying capabilities, crushed their original sales forecast. Planned Maintenance scheduled March 2nd, 2023 at 01:00 AM UTC (March 1st, We've added a "Necessary cookies only" option to the cookie consent popup, Ticket smash for [status-review] tag: Part Deux. Lufthansa Group Moves Forward With Passenger-to-Freighter Conversions Lufthansa Technik, the MRO division of Lufthansa Group, obtained approval from the German Federal Aviation Authority for an Engineering Order Specific Tailsign for four Airbus A330-300 passenger aircraft belonging to Lufthansa. DHL Express has firm orders for eight A330-300P2F units in total, with additional options to receive another 10. googletag.pubads().collapseEmptyDivs(); At the turn of the year passenger aircraft utilisation rates were around half pre-pandemic levels; during that same period freighter utilisation rates had trended upwards from around 100,000 flights per month in January 2019 to a little over 120,000 by the same month this year. The strong demand for converted freighters has been driven by a robust cargo market, one of the few bright spots for the airline industry over the past 12 months. No worries, @ManuH! Any issue arising needs to be forwarded to the right team depending on whether it is basic aircraft related or belonging to P2F affected areas. Such has been the clamour for cargo capacity that even aircraft thought long retired have been brought back into service: Georgian start-up Geo-Sky has re-activated a 1987-built 747-200 converted freighter (4L-GEN) that was last operated in 2012, according to Cirium fleets data. Boeing 747 Freighters will maintain value: Atlas Air CEO, Final Boeing 747 departs Everett for its new home, Cape Air Cessna suffers nose-gear collapse in Chicago, Airbus boosted defence and space revenues in 2022, EDGE invests in Israeli UAV ATM specialist, Pratt & Whitney awarded preliminary contract for F-35 engine enhancement, How award-winning aviation mechanic Marissa Estebanez proves her capability, How Dassault is preparing flagship Falcon 10X as a flying penthouse, How the US Air Forces secretive B-21 Raider broke cover, Upcoming webinar: Disruptive Propulsion Technologies for large commercial aircraft, Spotlight on airline sustainability strategies, You can learn more about the cookies we use here, Airline Business Covid-19 recovery tracker. This generates significant time and effort saving for trainees, but also cost savings as there is no need to organise examinations at the end of a lockdown and travel restriction period. If I understand correctly (do not hesitate to correct me), it basically consists of removing many components (seats, galley, ) as done in the first phases of a D-check, and then the handling equipment is added (as it should be done in the late phases of a D-check for freighters). In turn this necessitates the original door-surround structures to be removed and re-skinned, while the doors themselves are replaced by a simplified Crew Entry Door (CED) and the lavatory is replaced by a new one re-located to the right-hand side. Airframe overhaul facilities are scrambling to keep up with the demand for converting used passenger jets into dedicated cargo jets. Conversion facilities are being extended and new facilities set up, however, these initiatives take time: Such timing issues for further expansion/establishment of conversion lines should help to keep the supply of freighters in check in the medium term, although it may mean further freight price rises if demand for freight continues to rise year on year as expected. How much does it cost if someone falls ill before take-off? (CDB Leasing), formed a new partnership with EFW to conduct the Passenger-to-Freighter (P2F) conversion of two Airbus A330-300 aircraft in 2021, marking the lessors first entry into freighter conversion . Please enter a different email address. This allows us to locate the rigid cargo barrier at this position. There are multiple threats to the global economy at the moment, including surging inflation, monetary tightening, and new COVID-19 variants, but absent an unexpected economic downturn, it is likely that the demand for freight, freighters, and passenger-to-freighter conversions will continue to grow in the coming years. The passenger aircraft's modification Read More. 2021 is looking to be an even stronger year for the type, it says, with nearly 40 aircraft pending. News that Singaporean firms ST Engineering and investment company Temasek are joining forces to create a new leasing venture for converted freighters is the latest in a series of recent announcements focused on the booming market for passenger to freighter (P2F) modifications. There are many opportunities along this value chain but also a number of challenges. This email cannot be added to this list. Many also envision it as a replacement for the Boeing 757, a large narrowbody jet that is increasingly scarce and approaching the end of its life cycle. For a swift yet reversible solution, we help passenger aircraft operators carry out modification to the aircraft cabin interiors for increased cargo carrying capacity. Overall air cargo rates remain at elevated levels because of stronger demand and an ongoing capacity crunch caused by a reduction in belly-hold services, says Damian Brett, editor of FlightGlobals sister publication Air Cargo News. The manufacturer is also highlighting the performance and economics. EFW has delivered 16 passenger-to-freighter conversions of single-aisle aircraft, including one A320 a slightly smaller sister to the A321 so far. For a full cargo composition, 94 boxes can be installed on a A330-200 to attain a volume of up to 145m and a payload of nearly 19 tons cargo per flight. 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